Word: legacyism
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The situation has become bad enough that the FDIC, which is responsible for the "legacy loan program" to remove toxic loans from banks' books, is considering alternative plans to the one rolled out at the end of March by Geithner. A senior Treasury official says the legacy securities program, which...
Why not? When the legacy loan and securities programs seemed unworkable in February, the market collapsed. But both Treasury officials and the market now believe that the banks aren't in as bad of shape as everyone thought back then. The fact that they can raise so much money from...
In 2007, then-UC President Ryan A. Petersen ’08 described Gross as a “friend to Harvard undergraduates” with a legacy that “improved Harvard College.” During his tenure, Gross was recognized for establishing the Cambridge Queen?...
Still, both professors in FAS and College administrators say that it is unfair to compare the legacy of Gross to the “unprecedented” reality Hammonds is currently facing.
U.S. Solicitor General Elena Kagan introduced herself as just a “fellow graduate” upon her return to Harvard Law School yesterday, where she served as dean from 2003 until her Senate confirmation in March, As dean, Kagan built a legacy of student-oriented reform initiatives, As...